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Tata Steel to invest Rs 15 bn on Gopalpur SEZ infrastructure

Twenty investors how interest to set up units in the industrial park

Tata Steel
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Tata Steel

Dillip Satapathy Bhubaneswar/Mumbai
Tata Steel plans to invest about Rs 15 billion in phased manner for development of infrastructure at Gopalpur Special Economic Zone and industrial park in Odisha.

Nearly 20 companies from India and abroad have shown interest to set up their units in the park.

The SEZ and industrial park is spread over 2600 acres. Out of that SEZ portion is 1235 acres. Tata Steel plans to develop 500 acres initially to accommodate various units interested to set up their shops there.

Though the company has been holding roadshows, both within the country and outside, to attract investors to the park over last couple